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Transaction Processing News & Media

Study: 38% of Americans have chucked checks

March 4, 2014

Asked how often they write personal checks, the most common response among Americans is "never" (37.8 percent), followed by "several times a month" (25.…

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Russian hacker claims to have 20GB of Mt. Gox customer data

March 4, 2014

For Bitcoin exchange Mt. Gox, the crises just keep coming.

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Getting more money out of the ATM

A new report looks at what works, what doesn't, and ?what consumers want from secondary ATM revenue strategies.

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EVO Payments, MagTek strike security deal

March 3, 2014

EVO Payments Intl., a payment service provider operating in the United States, Canada and Europe, has announced an agreement with e-payments security tech…

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Visa beefs up prepaid fraud prevention with PCS

March 3, 2014

Visa Inc. has completed technical development of a new service designed to detect and prevent fraud schemes involving prepaid cards. The company's prepaid…

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Mt. Gox Bitcoin exchange files for bankruptcy

March 3, 2014

Following its loss of customer-owned bitcoins totaling more than $500 million in value, Tokyo-based digital currency exchange Mt. Gox has filed for bankruptcy…

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Cord Financial Services expands ATM, merchant services footprint

March 3, 2014

Full-service ATM provider Cord Financial Services has announced the expansion of its business on two fronts: The company recently completed the acquisition of…

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Visa, First Data partner on EMV common AID

February 27, 2014

Visa Inc. and the First Data Star Network have announced an agreement to share Visa's common debit solution. Collaboration on the license agreement will help…

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Triton gets to the 'heart' of the ATM user experience - Part II

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Triton and Digital Donations are combining their capabilities to broaden the market for charitable giving at the ATM.

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The case for converting ATMs to Windows CE - instead of Windows 7

by Mark Smith — VP of Financial Solutions, Kahuna ATM Solutions

It seems like just a few years ago that ATM manufacturers and the banking industry had to migrate to Microsoft Windows XP software.

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Multi-vendor software underpins mixed-media deposits at Fifth Third ATMs

February 25, 2014

Adding ATM functionality can be tricky in a multivendor environment. But as a project for Fifth Third Bank demonstrates, software developers are proving that…

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PCI SSC makes sure nothing gets 'lost in translation'

February 21, 2014

Today, the PCI Security Standards Council, an open global forum for the development of payment card security standards, announced that the PCI Data Security…

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Study: The time is right for DCC

February 20, 2014

Designed to benefit acquiring financial institutions, merchants and consumers alike, dynamic currency conversion leverages the global nature of card networks…

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CBN kicks off $50M biometric ATM project

February 20, 2014

While one bank in China tests the waters of biometric authentication at the ATM, an entire nation in Africa is taking the plunge. On Feb. 14, the Central Bank…

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Robocoin to launch Bitcoin ATMs in US markets

February 18, 2014

After testing the waters in nations where currency regulations are a little less stringent, a Bitcoin ATM will make its debut in the United States. According…

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First Data, TMG streamline EMV implementation for client FIs

February 17, 2014

Payments processing solutions provider First Data and payments processor The Members Group have introduced an expedited EMV implementation program for…

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Why multifactor authentication trumps knowledge-based authentication

by Robert Siciliano — speaker, IDTheftSecurity.com

First, what is knowledge-based authentication? KBA is an authentication method that asks the user to respond to at least one question whose correct answer only…

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More consumers favoring ATM, RDC check deposit

February 10, 2014

Though the majority of U.S. adults still prefer to deposit checks at the teller window, increasing numbers favor self-service methods for check deposit…

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Why banks need to be in the mobile wallet business

by Dan Kramer — Senior Vice President, Marketing & Merchant Servic, SHAZAM

A recent Allied Market Research report indicates the global mobile wallet market is on target to reach $5.25 trillion in 2020, with a compound annual growth…

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Target puts EMV migration on fast forward

February 5, 2014

This week, Target Corp. called for all stakeholders to take up the "shared responsibility" of payments security as it announced an accelerated timeline for its…

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